Decentraland
MANWhat is Decentraland (MAN): complete guide for Beginners and Investors
Decentraland is a virtual world where the land parcels are tokens and the world is governed by its token holders.
Rate
At this moment, the price of Decentraland is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Decentraland has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
It raised funds in 2017 and opened to the public in 2020, becoming the reference point for the metaverse land market during the 2021 cycle.
Technology
LAND parcels are non-fungible tokens; the fungible token pays for goods, names and land, and votes in the DAO that controls the world’s parameters.
Use cases
The token is traded as exposure to virtual-world and metaverse sentiment, which has been notably cyclical.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: the token is traded as exposure to virtual-world and metaverse sentiment, which has been notably cyclical. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.
Decentraland details
| Ticker: | MAN |
|---|---|
| Website: | https://decentraland.org |
| Type: | Cryptocurrency · Metaverse |
| Founder: | Ari Meilich, Esteban Ordano |
| Launch: | 2017 |